@Nancy Bachety, Nicholas is correct, if your rentals are short term and the income is treated as active - you will be eligible for a Solo 401k, which will enable you to shelter up to $61,000 of your income per year (depending on your age and net business income).

I personally would not permit an applicant without a SSN since this would not enable us to run a background check etc.

If this is a broker I would see if they can check any other lenders that they have in their network that could give you a better rate/term on the loan (they can check their database pretty quick). 

I would be in charge of running the project, construction, all costs, I would float the project.Once the first unit is completed we would put financing on it and the proceeds would then fund subsequent phases, enabling us to progress through the project over a multi-year timeline, likely spanning 3-5 years.Estimated my construction cost would be 350,000 per building (pure cost no profits).

I've use a VA to help me build a database that identifies the properties that should cash flow more as well. 

Our vision is to start a non-profit that acquires properties and enables home-ownership with a rent-to-own model- which we have concluded would probably be the most efficient way to make the most impact.

The very best and most profitable leads are from the people who know, love, and trust you....Your database.   

This enables you to do a Profit and Loss report per properties, per unit, e.g., Income minus expenses equals bottom line per building, unit, property.Then you will set them up again, but this time in the Customer Center as a Customer.  

My current savings pot is low; I believe this will enable me to accelerate my savings goal as the barrier to entry is significantly lower.

I wholesale the vast majority of my deals and market direct to motivated sellers using direct mail, and online advertising, which enables me to find highly discounted properties.Funding: A private lender loaned me $57,000 in private money at 12% and 2 discount points secured by a 1st mortgage.